

03292012, 08:32 PM

#11

Feedback Score: 0 reviews
Join Date: Jan 2012
Location: somewhere in....,Oklahoma
Posts: 2,185
Liked 62 Times on 51 Posts

Quote:
Originally Posted by Yunus
Same per ticket but if you have 2 tickets you have 2 chances.

Odds remain the same. Otherwise, the "1:189,000,000 odds (or whatever they are) would mean, buy that many tickets and you're a guaranteed winner. Sorry, doesn't work that way.
The odds are the same, no matter the number of tix purchased, counterintuitive as that may be.
__________________
"Life's tough. It's tougher if you're stupid."  John Wayne
Last edited by Chandler51; 03292012 at 08:35 PM.



03292012, 09:20 PM

#12

Feedback Score: 0 reviews
Join Date: Dec 2011
Posts: 5,009
Liked 1418 Times on 845 Posts Likes Given: 146

Quote:
Originally Posted by Chandler51
Odds remain the same. Otherwise, the "1:189,000,000 odds (or whatever they are) would mean, buy that many tickets and you're a guaranteed winner. Sorry, doesn't work that way.
The odds are the same, no matter the number of tix purchased, counterintuitive as that may be.

So if there are 19 black marbles and 1 white marble in a hat. My odds are the same for picking the white marble, no matter how many tries I get? This is alittle easier to get my head around.
__________________
NEVER FORGET



03292012, 09:22 PM

#13

Feedback Score: 0 reviews
Join Date: Feb 2012
Posts: 11,525
Liked 2929 Times on 1724 Posts

This reminds me of a conversation I had about deal or no deal. Lol
__________________
I don't need No stinking signature.



03292012, 09:42 PM

#14

Feedback Score: 0 reviews
Join Date: Jan 2012
Location: somewhere in....,Oklahoma
Posts: 2,185
Liked 62 Times on 51 Posts

Quote:
Originally Posted by downsouth
So if there are 19 black marbles and 1 white marble in a hat. My odds are the same for picking the white marble, no matter how many tries I get? This is alittle easier to get my head around.

I'm glad you got it cuz you just lost me...
__________________
"Life's tough. It's tougher if you're stupid."  John Wayne



03292012, 09:45 PM

#15

Feedback Score: 0 reviews
Join Date: Dec 2011
Posts: 5,009
Liked 1418 Times on 845 Posts Likes Given: 146

Quote:
Originally Posted by Chandler51
I'm glad you got it cuz you just lost me...

Are my overall odds the same to pick the white marble if I try once or one hundred times before I quit trying. Does that help?
__________________
NEVER FORGET



03292012, 11:09 PM

#16

Feedback Score: 0 reviews
Join Date: Jan 2009
Location: ,Maryland
Posts: 5,252
Liked 1485 Times on 878 Posts Likes Given: 466

Quote:
Originally Posted by Chandler51
Odds remain the same. Otherwise, the "1:189,000,000 odds (or whatever they are) would mean, buy that many tickets and you're a guaranteed winner. Sorry, doesn't work that way.
The odds are the same, no matter the number of tix purchased, counterintuitive as that may be.

That's exactly how it works. There are 175,711,536 combinations possible. Buy all the possible combinations and your combined odds of winning are 175,711,536:175,711,536 or 1:1. You can't simply "buy that many tickets" you would need to buy that many tickets with no duplicates.
http://mathforum.org/library/drmath/view/56691.html
For a really interesting concept that is not directly related but still cool read up on "The Monty Hall Problem".
__________________
"Good people drink good beer."
Hunter S. Thompson
"Do stupid things, win stupid prizes"
Last edited by Yunus; 03292012 at 11:14 PM.



03292012, 11:27 PM

#17

Feedback Score: 0 reviews
Join Date: Dec 2011
Posts: 5,009
Liked 1418 Times on 845 Posts Likes Given: 146

Quote:
Originally Posted by Yunus
That's exactly how it works. There are 175,711,536 combinations possible. Buy all the possible combinations and your combined odds of winning are 175,711,536:175,711,536 or 1:1. You can't simply "buy that many tickets" you would need to buy that many tickets with no duplicates.
http://mathforum.org/library/drmath/view/56691.html
For a really interesting concept that is not directly related but still cool read up on "The Monty Hall Problem".

I read the link, that makes since. In the lottery he was talking about you have a 1 in 14,000,000 chance with 1 ticket. If you buy 100 tickets you have a 100 in 14,000,000 chance. Long odds but they do increase in your favor.
Chandler says, no matter how many you buy, your odds remain the same. I understand each ticket would be the same odds individually. If you buy 100 tickets, the odds of your agregate purchase has to go up accordingly, atleast in my head.
__________________
NEVER FORGET



03292012, 11:29 PM

#18

Feedback Score: 0 reviews
Join Date: Dec 2011
Posts: 986
Liked 231 Times on 143 Posts

Quote:
Originally Posted by Chandler51
Odds remain the same. Otherwise, the "1:189,000,000 odds (or whatever they are) would mean, buy that many tickets and you're a guaranteed winner. Sorry, doesn't work that way.
The odds are the same, no matter the number of tix purchased, counterintuitive as that may be.

I don't think that's correct,and I'll use Souths explanation of your theory to disprove it.
Quote:
Originally Posted by downsouth
So if there are 19 black marbles and 1 white marble in a hat. My odds are the same for picking the white marble, no matter how many tries I get? This is alittle easier to get my head around.

You basically got it with your marbles explanation,except that once you pick a black marble (nonwinning ticket) you keep it out of the hat (wherever you would put 175 million lottery tickets) because you would no longer have to pick that marble/combination again. The only difference would be that instead of 20 marbles,you would have 175 million tickets,and since you wouldn't know which ticket was the "white marble" until the drawing you would have to buy all 175 million ticket combinations. Kind of like if your white marble was painted black,you just pick all twenty marbles,and you know you have the white one... Then spray them all with paint thinner to see which one is the white one.
So if you can understand that that is how it should work....
..... I think
Maybe there was to much marble analogy in that.
Shoot To Thrill



03292012, 11:30 PM

#19

Feedback Score: 0 reviews
Join Date: Jan 2012
Location: somewhere in....,Oklahoma
Posts: 2,185
Liked 62 Times on 51 Posts

Quote:
Originally Posted by Yunus
That's exactly how it works. There are 175,711,536 combinations possible. Buy all the possible combinations and your combined odds of winning are 175,711,536:175,711,536 or 1:1. You can't simply "buy that many tickets" you would need to buy that many tickets with no duplicates.
http://mathforum.org/library/drmath/view/56691.html
For a really interesting concept that is not directly related but still cool read up on "The Monty Hall Problem".

So, you're telling me that nobody with that much dough is willing to spend it for a GUARANTEED eight figure payday?
South had the right idea...an extra "chance" does not increase the odds.
__________________
"Life's tough. It's tougher if you're stupid."  John Wayne



03292012, 11:33 PM

#20

Feedback Score: 0 reviews
Join Date: Jan 2012
Location: somewhere in....,Oklahoma
Posts: 2,185
Liked 62 Times on 51 Posts

I understand the Monty python thing...however it doesn't apply here. It is interesting, however.
__________________
"Life's tough. It's tougher if you're stupid."  John Wayne



Thread Tools 

Display Modes 
Linear Mode



